MERRILL Lynch Investment Managers (MLIM) has created an internal research division focusing on the delivery and service of research to investment consultants and research houses.
The Investment Consultants/Research House team will tailor research on all MLIM products for research houses and asset managers.
MLIM head of retail Damien McIntyre says while the provision of research is something that is already offered within MLIM, the establishment of a specific team aims to respond to the growing prominence of research, particularly in the retail market.
“The new team will be working with every fund manager within MLIM and with independent research houses, and will tailor research on our products to them,” McIntyre says.
“Research in the retail market has evolved and the Merrill Lynch point of view is to try and be ahead of the game.”
The former institutional marketing vice-president for Alliance Capital Management in London, Con Michalakis, has been recruited by MLIM to lead the new group.
Michalakis, who has also been the head of investment consulting at Watson Wyatt, will relocate to Australia to take up the position in early May.
